Ryan Swann, CEO at RiskSmart: RiskSmart is a governance, risk and compliance platform. We help regulated businesses to make risk management simple. So we help those businesses to automate their risk and compliance processes. It makes them more efficient, makes them more resilient, and ultimately help them to achieve their strategic objectives. When we started, what we quite quickly realised is actually we thought the problem is bigger than we realised. Some pretty big kind of businesses out there are still doing these processes on spreadsheets. They're still very manual. So that was a light bulb moment for us when we said, wow, this market could be huge. So if we were going to do this, we wanted to do it properly and therefore we couldn't kind of do it on a shoestring actually spending that capital and that investment up front would actually pay dividends in terms of longevity of the business we needed sort of partners who could provide us with that capital to fulfil that ambition but also the knowledge the support the challenge making us think about things in a different way. What attracted us to maven was some great intelligent curious kind of supportive people this was a team that have delivered on multiple kind of exits have helped businesses get through various kind of stages and then it was a cultural fit you know we wanted to someone who was challenging and supportive, but also brought more than just kind of the capital to the table and we felt that Maven did that.

Jenny Linney, Portfolio Director at Maven: Maven's decision to invest in RiskSmart was, I'd say, twofold. The product itself addressed a real gap in the market. The mid-market was really underserviced. There was really expensive, complex products that required a lot of integration or spreadsheets, which obviously have inherent risk in them themselves. And the credibility of the management team Ryan had. Sector expertise in that he was a Chief Risk Officer but also operating in an FCA regulated business so he was able to understand the challenges that his customers faced. He also showed that human touch that you really need when you're growing a small business.

RS: In terms of the first things we worked on together was developing the products out at the very early stages. So being able to challenge actually, you know, what should we be focusing on? And the team at Maven helped us to deliver three things really well. And then it was introducing us into different areas and networks within the Maven portfolio so we could go and test and understand that product. And then it was as we developed, it was starting to build up that sales machine, as we kind of called it. So those repetitive processes in terms of making sure that we were set up for scale. We never wanted to be an organisation where we had to pause and wait for that kind of next stage.

JL: Over the last 12 to 15 months, RiskSmart's been focusing on scaling the business, but trying to make sure that it's concentrating on its core target markets. And that's been really successful because they've seen record quarter after record quarter throughout 2025. As the business has grown though, there's been a need to bolster the teams. So working out some of the economics around how you bring on board a new sales pod and recruiting a full-time finance manager.

RS: In terms of the achievements and milestones that we've been on since maven invested there's been there's been quite a few we've done a hundred percent revenue growth for the last three to four years we've expanded the team we've won various awards throughout the last few years and that's really important to us as milestones because it demonstrates the value that the team are delivering.

JL: We really enjoy what we do together I think there's mutual respect there and we've got a passion for seeing the business grow. And there's that common excitement when they continue to smash the goals and hit the targets and exceed them.

RS: In terms of the next phase of growth, why I'm excited is we've come so far in the last three to four years, but actually we see the market continuing to evolve. So we're super excited around what's available and what's around the corner. And we continue to double that revenue over the next few years, continuing to bring out great new features and become even more automated, give our customers even more values and support them even more on that journey.